Where is your business heading?
Technology roadmaps are an important tool that help align your business goals with your digital strategy. They look at both the competitive market landscape and your internal resources and objectives to develop a digital direction and to establish a set of criteria for selecting the right digital tools for your business.
You could think of it like driving to a destination that you have never been to before. Before you start your journey you require at least 3 things:
A map of the landscape you are trying to navigate
A destination in mind
A starting point
Once you have established these three things then you determine your route preferences. This could be the fastest route, the cheapest route, the most scenic route, but the end result is that you arrive at your destination. Once these are established you can then design a route to reach your destination.
This is similar to technology roadmapping in business. We can help provide the business landscape map, and help determine your starting point via a digital audit. You just need to bring a destination and your objectives and together we create an optimized route (with some flexibility) to reach your desired destination.
Frequently Asked Questions
What are the benefits?
Achieving Your Business Goals: A roadmap identifies gaps between your business plan and your digital plans. Your technology roadmap is a customized plan that prioritizes projects based on their ability to achieve your business goals.
Understanding Your Team: You can understand the skills and capabilities of your team, and identify any gaps that need to be addressed or additional capabilities that could be leveraged.
Keep Everyone Coordinated: A good technology roadmap helps your team to select the right technology and digital tools that your business needs to thrive. You set the direction and the roadmap will help them decide upon the right resources to achieve your goals.
Faster Implementations: By setting standards, selection criteria and understanding what your team already knows you can reduce the length of time it takes to implement new technologies.
Lower Costs: Technology roadmaps give you an overview of what tools you already have and also highlights different components that could be reused across multiple applications saving time and money.
Can I do it myself?
Absolutely. You need to be confident in your understanding of your market and business landscape as well as your internal operations. Most importantly you must be able to provide an objective review.
Things to Consider:
1) Sometimes your team will be reluctant to open up to the manager for various reasons, such as fear of losing their job, fear of added pressure being assigned or fear of being seen as 'stupid'. This is where a trained professional can help to provide your team with a certain degree of anonymity and the ability to open up without fear.
2) Technology roadmaps take time and effort. For a small to medium sized business a roadmap can take as little as a full day to a week. For large corporations this can take even longer. If you want to do this yourself or use internal resources you will need to prepare accordingly and expect to be dedicating a lot of time to achieve the right result which could include having someone to cover your role while you complete the audits, reviews, and research and development of the plan.
3) Technology roadmaps are great as a starting point but once you have established one they require frequent reviews to ensure they remain relevant and that your market needs haven't changed. Our consultants work with you to identify your ideal review period and then notify you when the time comes for review so you can focus on your business.
How do I prepare?
1) Define your objectives and select an organisation to partner with.
Ask them any questions you have prior to signing contracts to ensure they are a good match for your business. The important part is to ensure that they understand your market, not just the technology available.
2) Communicate to your team.
When ever people hear about review they often get nervous. Let them know what is happening and what the outcomes are that you are expecting to put their minds at ease.
3) Create a plan of attack.
Gather business documents such as organisational charts, roles and responsibilities documents, current strategies and frameworks to provide a starting point and create a plan.
4) Arrange access.
If you are getting in an team from outside your business then you will need to ensure they have the necessary access to your people and potentially your systems. This should be discussed upfront with your chosen provider.
Does this sound like something you need?
Get in touch with us today for a FREE 30 MINUTE STRATEGY CALL to see if we might be a good fit for your business.